Professional M&A intelligence for the energy transition
Iberdrola completed the $6.2 billion sale of approximately 8,400 MW of gas-fired combined cycle plants in Mexico to Mexico Infrastructure Partners (MIP) in February 2024. The divestiture aligned with Iberdrola's strategic focus on regulated networks and renewables.
Talen Energy sold its Cumulus Data center campus adjacent to the Susquehanna nuclear plant to Amazon Web Services for $650 million. The 960-MW campus is powered directly by carbon-free nuclear energy.
Murphy Oil subsidiary, Murphy Exploration & Production Company – USA, closed the transaction for the sale of its entire 50% stake in the Kin's Quay floating production system and associated export lateral pipelines in the Gulf of Mexico. The King's Quay FPS will be co-owned in a joint venture with entities managed by Ridgewood Energy […]
Diamondback Energy (NASDAQ: FANG) subsidiary Viper Energy acquired certain mineral and royalty interests from subsidiaries of Diamondback Energy in a drop-down transaction valued at about $4.45 billion. The deal includes $1 billion in cash and approximately 69.6 million operating company units issued by Viper's operating subsidiary. The OpCo units will be issued alongside an equal […]